From Ernest & Young: Courting Millennials: Re-evaluating private equity prix fixe menu models for compensation and culture
The combination of a financial crisis, human resources consultants and the rise of millennials has ushered in a new focus on real estate private equity (PE) values. The discussion today is around work-life balance, integrity, giving back, diversity and feedback.
The much-discussed, over-generalized and often-misunderstood millennial generation is today the front line of deal teams. They are the ones cranking out models and doing the research, and they are key owners in the delivery of reporting packages to investment committees.
So which approach to millennials is the best, and which firms have it right? The answer to both questions is “none.”
